Each of these could be a great success this year as the market has shown strength so far in January.
Shopify (NYSE: SHOP) has come to dominate the e-commerce software space, serving online sellers from small businesses to Fortune 500 companies. For years, the company was a market darling, putting up huge growth in revenue as the stock marched higher.
To reach a new top, Visa's stock would need to rise to $251 from about $225 today, and MercadoLibre must reach $1,985 from $1,131. Visa has a much lower hurdle to clear than MercadoLibre does. Its business model is simple: A consumer uses one of its branded cards, and Visa scrapes a small amount from each transaction.